\begin{tabular}{lcc} \hline
 & (1) & (2) \\
VARIABLES & Log local price & Log local price \\ \hline
 &  &  \\
Log HHI & 0.07*** & 0.04** \\
 & (0.02) & (0.02) \\
Log nominal exchange rate with US & 0.92*** & 0.87*** \\
 & (0.01) & (0.01) \\
Control of Corruption, Estimate &  & 0.14*** \\
 &  & (0.02) \\
Regulatory Quality, Estimate &  & -0.23*** \\
 &  & (0.03) \\
Log GDPppp per capita &  & -0.03 \\
 &  & (0.02) \\
Gini coefficient (interpolated) &  & 5.39*** \\
 &  & (0.30) \\
 &  &  \\
Observations & 18,947 & 15,632 \\
R-squared & 0.91 & 0.90 \\
Product-year fixed effects & Yes & Yes \\
 Dependent variable mean & 6.469 & 6.732 \\ \hline
\multicolumn{3}{c}{ Robust standard errors in parentheses} \\
\multicolumn{3}{c}{ *** p$<$0.01, ** p$<$0.05, * p$<$0.1} \\
\end{tabular}
